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Current President and CEO, Jeremy Kudon, will cede both roles to Maloney, before stepping into his new position as Chairman.
Kalshi and Crypto.com have announced the formation of a new prediction market coalition comprised of numerous leading operators.
The Washington State Gambling Commission issued a guidance to operators on December 9, stating it will 'monitor the ongoing cases' involving prediction markets through the court system.
The state is seeking an injunction to halt Kalshi's operations, arguing that its sports contracts constitute unlicensed wagering and fall under state gaming law rather than federal commodities regulation.
The new in-house system is built to scan odds on platforms such as Polymarket in real time, using AI models to generate trading signals that EBZT executes with its own capital.
Do these media integrations explain why Kalshi's valuation has more than doubled in less than two months?
The two US broadcasters are set to start integrating Kalshi data into their programming.
After being served with a cease-and-desist letter by Connecticut's Department of Consumer Protection, the prediction market operator has sued for an injunction.
Matt King joins Global Gaming Insider for an exclusive interview to speak on the launch of Fanatics Markets and how regulation concerns will be addressed.
The Department of Consumer Protection Gaming Division has issued Kalshi, Robinhood and Crypto.com with cease-and-desist letters.
